Pieridae Energy Limited
Cavvy Energy Ltd. operates as an integrated midstream and upstream energy company in Canada. It develops, produces, and processes natural gas, natural gas liquids, condensate, and sulphur. The company was formerly known as Pieridae Energy Limited and changed its name to Cavvy Energy Ltd. in May 2025. The company is based in Calgary, Canada.
Pieridae Energy Limited (PTOAF) - Total Assets
Latest total assets as of September 2025: $536.27 Million USD
Based on the latest financial reports, Pieridae Energy Limited (PTOAF) holds total assets worth $536.27 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Pieridae Energy Limited - Total Assets Trend (2004–2024)
This chart illustrates how Pieridae Energy Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Pieridae Energy Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Pieridae Energy Limited's total assets of $536.27 Million consist of 18.6% current assets and 81.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.4% |
| Accounts Receivable | $50.17 Million | 8.2% |
| Inventory | $3.77 Million | 0.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how Pieridae Energy Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Pieridae Energy Limited's current assets represent 18.6% of total assets in 2024, a decrease from 25.2% in 2004.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2024, down from 12.2% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 8.2% of total assets.
Pieridae Energy Limited Competitors by Total Assets
Key competitors of Pieridae Energy Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
Pieridae Energy Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Pieridae Energy Limited generates 0.36x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Pieridae Energy Limited is currently not profitable relative to its asset base.
Pieridae Energy Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.92 | 0.97 | 0.82 |
| Quick Ratio | 0.88 | 0.93 | 0.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-7.33 Million | $ -3.30 Million | $ -19.61 Million |
Pieridae Energy Limited - Advanced Valuation Insights
This section examines the relationship between Pieridae Energy Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.89 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | -4.1% |
| Total Assets | $612.42 Million |
| Market Capitalization | $26.49 Million USD |
Valuation Analysis
Below Book Valuation: The market values Pieridae Energy Limited's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Pieridae Energy Limited's assets decreased by 4.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Pieridae Energy Limited (2004–2024)
The table below shows the annual total assets of Pieridae Energy Limited from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $612.42 Million | -4.09% |
| 2023-12-31 | $638.54 Million | +3.75% |
| 2022-12-31 | $615.48 Million | -1.13% |
| 2021-12-31 | $622.54 Million | +1.61% |
| 2020-12-31 | $612.65 Million | +1.69% |
| 2019-12-31 | $602.47 Million | +62.54% |
| 2018-12-31 | $370.67 Million | +400.61% |
| 2017-12-31 | $74.05 Million | -18.83% |
| 2016-12-31 | $91.22 Million | +1.53% |
| 2015-12-31 | $89.85 Million | +6.73% |
| 2014-12-31 | $84.18 Million | +60.88% |
| 2013-12-31 | $52.33 Million | -0.14% |
| 2012-12-31 | $52.40 Million | +35.20% |
| 2011-12-31 | $38.76 Million | +25.04% |
| 2010-12-31 | $30.99 Million | +29.01% |
| 2009-12-31 | $24.02 Million | -10.46% |
| 2008-12-31 | $26.83 Million | +110.66% |
| 2007-12-31 | $12.74 Million | +35.12% |
| 2006-12-31 | $9.43 Million | +67.90% |
| 2005-12-31 | $5.61 Million | +854.58% |
| 2004-12-31 | $588.17K | -- |